CALGARY, ALBERTA — (Marketwired) — 09/06/13 — Seair Inc. (TSX VENTURE: SDS) (“Seair” or the “Company”) is pleased to announce that it has received a purchase order for an SA 400 unit for treatment of water from a new oil sands facility owned by one of the world–s largest oil and gas companies. The SA 400 will be treating condenser blowdown water to balance the ph level for deep well injection. Seair expects an order for an additional SA 400 in the next 3 – 12 months as the oil sands facility is built out.
Seair–s CFO Jim Laird said, “We–re pleased to be adding another new oil sands customer and providing them with our CO2 neutralization treatment system for balancing ph levels in condenser blowdown water. This is a new commercial application for our technology and we think it has some great potential for in situ operators. With the delivery of our new dewatering and H2S removal systems recently to another large new oil sands project, we are increasing our presence in the oil sands. We just brought on a new business development person to assist in building our business in the oil sands and conventional oil and gas side of our business and we–re excited about the inroads we can make in the coming months.”
ABOUT SEAIR
Seair Inc. (TSX VENTURE: SDS) is a Calgary based cleantech company. Seair has commercialized proprietary technology that can diffuse gases, such as oxygen, ozone and carbon dioxide, into liquids more effectively and with lower power consumption than the competition. Seair–s patented technologies can produce micron size bubbles that are more efficient than other diffusion technologies because the diffused gases remain in solution for extended periods of time, leading to increased productivity and lower operating costs. Seair has been working with customers in the Oil and Gas industry for over five years.
Seair applications include oil sands SAGD water solutions, frac and produced water treatment, industrial ponds treatment, mine dewatering/treatment, end-to-end sewage treatment for permanent residential communities and remote work camps, golf course irrigation and pond treatment and most recently, industrial emissions treatment. Parties interested in obtaining further information or receiving news releases and corporate documents from Seair may email such requests to or visit the Seair website at .
Seair is proud to be recognized as one of the Top 5 Cleantech companies in the TMX 2012 Venture 50.
Statement Regarding Forward-Looking Information
This news release of Seair contains statements that constitute “forward-looking statements.” Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause Seair–s actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects,” “plans,” “anticipates,” “believes,” “intends,” “estimates,” “projects,” “potential” and similar expressions, or that events or conditions “will,” “would,” “may,” “could” or “should” occur. Forward-looking statements in this document include statements regarding Seair–s expectations regarding the regulatory approval of the Offering, closing of the Offering and the use of proceeds from the Offering. There can be no assurance that such statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements, and readers are cautioned not to place undue reliance on these forward-looking statements. Any factor could cause actual results to differ materially from Seair–s expectations. Seair undertakes no obligation to update these forward-looking statements in the event that management–s beliefs, estimates or opinions, or other factors, should change.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Contacts:
Seair Inc.
Jim Laird
Chief Financial Officer
780-477-7188